Change - Announcement of Cessation::Cessation of Executive Chairman and Chief Executive Officer - Mr Goh Kim San

Issuer & Securities

Issuer/ Manager
EUROSPORTS GLOBAL LIMITED
Securities
EUROSPORTS GLOBAL LIMITED - SG2G55000001 - 5G1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Sep-2026 22:39:06
Status
New
Announcement Sub Title
Cessation of Executive Chairman and Chief Executive Officer - Mr Goh Kim San
Announcement Reference
SG260909OTHRBAHZ
Submitted By (Co./ Ind. Name)
Goh Kim Hup
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Goh Kim San as Executive Chairman and Chief Executive Officer of the Company.

This announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Mah How Soon at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: sponsor@rhtgoc.com.

Additional Details

Name of person
Goh Kim San
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date.
09/09/2026
Detailed reason(s) for cessation
The Board has been informed that Mr Goh Kim San ("Mr Goh") attended the final court hearing on 9 September 2026 in relation to three (3) charges brought against him under Section 197(1A) (a) of the Securities and Futures Act 2001 ("SFA") (the "Charges"). The Charges relate to trades in the shares of EuroSports Global Limited made by Mr Goh in 2015, 2017 and 2018. Mr Goh pleaded guilty to the Charges and was sentenced to a total fine of S$210,000.

Mr Goh has notified the Board that, following the outcome of the court proceedings, he will step down from his positions as Executive Chairman and Chief Executive Officer of the Company with immediate effect and cease to hold any directorship or executive function within the Group. The Board has agreed to accept his cessation from the aforesaid positions.

Following his cessation, Mr Goh will no longer hold any directorship or executive function within the Group. Subject to the approval of the Board and applicable requirements, Mr Goh will continue to be associated with the Group as Board Advisor to the Company and as a brand ambassador for the Group.

After having interviewed Mr Goh and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Goh as Director, Executive Chairman and Chief Executive Officer of the Company.

For more information, please refer to the Company's separate announcements released on the Singapore Exchange Securities Trading Limited ("SGX-ST") on 2 December 2021, 5 August 2025 and 9 September 2026.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of appointment to current position
12/12/2012
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Chief Executive Officer of the Company.
Role and responsibilities
Executive. Responsible for overall management, formulating the Group's strategic focus and direction and overseeing the Group's general operations.
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of independent directors currently resident in Singapore (taking into account this cessation)
3
Do independent directors make up at least one-third of the board (taking into account this cessation)?
Yes
Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months
0
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
Direct interest of 44,010,200 ordinary shares and deemed interest of 40,403,300 ordinary shares held by Citibank Nominees Singapore Pte. Ltd. in EuroSports Global Limited
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother to Mr Goh Kim Hup, Executive Chairman and Chief Executive Officer of the Company, and father to Mr Goh Yi Shun, Joshua, Executive Director and Deputy Chief Executive Officer, Chief of Staff of EuroSports Global Limited, Chief Executive Officer of Scorpio Electric Pte. Ltd. and Director of Subsidiaries.
Other Directorships
Past (for the last 5 years)
1. Scorpio Electric Pte. Ltd.
2. Elite Steed Ltd
3. deLaCour Asia Pacific Pte. Ltd.
4. EuroSports Auto Pte Ltd
5. EuroAutomobile Pte. Ltd.
6. EVI Electric Pte. Ltd.
7. Prosper Auto Pte. Ltd.
8. RB Investment Holding Pte Ltd
9. Scorpio Electric (Shenzhen) Co., Ltd
10. Scorpio Electric Europa, Sociedad De Responsabilidad Limitada
Present
None